Concord Wilshire originally acquired the property in 2014 and successfully obtained approvals in 2016 for a major resort expansion consisting of four towers of 1,188 additional hotel rooms and condominium residences. Concord Wilshire originally acquired the property in 2014 and successfully obtained approvals in 2016 for a major resort expansion consisting of four towers of 1,188 additional hotel rooms and condominium residences.

HALLENDALE BEACH, FL—Concord Wilshire reports it has sold the majority interest in the Diplomat Golf Resort & Spa here for approximately $44.5 million.